The appearance of a McDonald's store located in downtown Seoul. /Courtesy of News1

McDonald's Korea announced on the 14th that it will raise the prices of 20 menu items by 2.3% starting on the 20th.

The price increase will range from a minimum of 100 won to a maximum of 300 won. The Bulgogi burger and cheeseburger will see a price increase of 200 won, while the prices of 7 burger set menus are expected to rise by 200 to 300 won each. Among the beverages and coffee menu, the price of "drip coffee" will increase by 200 won.

Meanwhile, using the lunch discount platform "McLunch" (10:30 a.m. to 2 p.m.), the price of the representative menu item "Big Mac" will remain the same at 6,300 won. The "Happy Snack" will also continue to operate without price changes.

A representative from McDonald's Korea said, "Despite efforts to minimize the burden passed on to customers amid steadily rising expenses, we have inevitably had to adjust prices due to ongoing exchange rate and raw material cost increases."